The median home value in Troy, MI is $457,500. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Troy, MI is $457,500. Approximately 71.39% of Troy homes are owned, compared to 23.68% rented, while 4.93% are vacant. Troy real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Troy real estate agent to arrange a tour today!
Troy, Michigan has a population of 86,912. Troy is more family-centric than the surrounding county with 39.58% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Troy, Michigan is $107,550. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Troy is 42.1 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 32.7 inches per year, with 32.6 inches of snow per year.